466 Park Dr #1BostonMA02215
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Boston at 466 Park Dr #1, Boston, MA, 02215 priced at $1,895,000 converts $9,548/mo rent into after a $9,275/mo obligation. Total monthly income equals $9,548/mo. Return on cash invested prints 14.91% in year one, and rental yield reads 6.05% against a $1,895,000 entry. Equity gained on principal adds $12,228/yr, while 5% annual appreciation compiles into $523,554 by year five. Five-year ROI reaches 76.35% and total cumulative return in cash sums $468,785. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,548/mo property income covering a $9,275/mo payment, not borrower’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02215, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,467 (100%) |
| Owner Occupied HU | 684 ( 7.2%) |
| Renter Occupied HU | 7,822 (82.6%) |
| Vacant Housing Units | 961 (10.2%) |
| Median Home Value | $702,524 |
| Average Home Value | $937,354 |
Housing Distribution
Address Breakdown
Residential
10,806
Single Family
305
Multi-Family
10,501
Businesses
838
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Listed by: Tracy Campion • Campion & Company Back Bay
Mls Name: LINK
Mls ID: #235933
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.